Deducting fees from client portfolios can introduce the punishing long-term consequences of reverse compounding.
This month’s #AdviserTech roundup looks at Tifin’s latest founding round, Snappy Kraken’s acquisition of Advisor Websites and Lumiant’s new solution for engaging the less-engaged spouse.
A roundup of the rest of the week's fintech headlines.
The CFP Board Center for Financial Planning will use the money to support scholarships for CFP certification candidates.
Spiking inflation adds a new twist to the concept of linking advisers' revenues to their clients' portfolios.
A Northern California District Court judge dismissed a class-action lawsuit alleging Charles Schwab’s Intelligent Portfolios violated its fiduciary duty by over-investing clients in cash.
Tameem Habib applied for the loan without telling his firm, J.P. Morgan Securities, that he had an outside business.
While clients tend to be loyal to their advisers, enhancing the firm's client experience is a way of ensuring they stay.
The Manhattan U.S. attorney's office is reportedly investigating allegations the firm conducted sham job interviews of minority candidates to satisfy in-house diversity guidelines.
Recent shareholder proposals over reproductive rights have been made at Lowe's, TJX and Walmart.
As the industry waits for the Securities and Exchange Commission’s final rules on cybersecurity, RIAs can take steps now to better safeguard themselves and their clients.
Bill Hamm of IFP Securities said the SEC started its inquiries last year into broker-dealers that had sold GWG bonds.
Like the cobbler's children who had no shoes because their father was too busy making shoes for customers, a large percentage of financial advisers are unprepared for retirement.
The greatest opportunity for change lies in the middle — at the branch or regional management level — where diversity programs fall behind or are abandoned in favor of the status quo.
Advisers may get away from the office physically, but during these uncertain times they can't leave work behind completely.
Here are some of advisers' best strategies for boosting growth, ranging from optimizing efficiency to engaging prospects.
Private equity-backed Alera Group acquires $3.5 billion Wharton Business Group and says it plans to buy more firms.
The head count reductions would be part of a renewed push to cut costs after the bank warned of a second-quarter loss.
CEO Charlie Scharf said in a memo that the bank would halt the use of diversity guidelines for hiring as it reviews the reports of fake interviews.
The crypto offering, still in its early development, could be available late this year or early next.
